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2005 (5) TMI 330 - HC - Companies LawExtract: .......y be other secured creditors. The claim may also be of tax liability of the Company (in liquidation). 5. Thus, this application is not only misconceived, misplaced and mala fide but at the instance of the applicant the prayer made therein cannot be granted. 6. As a result of the aforesaid discussion this application fails and the same is dismissed.
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